Consumer
Insurance Coalition Goals
Real Rate Relief with Prior Rate Approval
Prior Rate Approval - Consumers need lower
insurance rates. Without prior
rate review, no rate savings are guaranteed. Insurance companies can take
“use and file” rate increases and wipe out any savings.
“File and use” rate approval locks
in the savings to the people.
Long Term Relief with the Independent
Insurance Consumer Advocate
Independent Insurance Consumer Advocate
in the Public Counsel office makes sure consumers will have a voice in
future years, not just this week. Not
another regulator, but an advocate for consumers.
Make Citizens Competitive
Allow
Citizens to sell complete insurance coverage and lines to help lower
rates. Consumers need choices in the marketplace. Run Citizens like a real
business.
Eliminate Cherry Picking
Insurance
companies shift risk to consumers by cherry picking the best customers.
Spread the risk through
broader assessments from the Catastrophe Fund instead of cherry picking
perils, zipcodes, and policies.
Eliminate Florida-only subsidiaries
These
shell companies allow insurers to use complicated reinsurance schemes to
funnel profits to parent companies while shielding ratepayer funded
reserves from claims. PUP
companies allow rate increases based on erroneous information. This
charade must end.
Statewide Building Code
A
uniform statewide building code will lower rates for everyone. The
Panhandle exemption must be eliminated. It is unfair to penalize everyone
in the state because of the political power of one area.
CONTACT
YOUR HOUSE REPRESENTATIVE
CONTACT
YOUR SENATOR |